Detroit, MI Rental Market Trends
Highlights
The average rent for an apartment in Detroit is $1,088, a 2% increase compared to the previous year.
Average Rent in Detroit, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,088 | 2% | 794 sq. ft. |
The average size for a Detroit, MI apartment is 794 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Detroit, MI Apartment Rent Ranges
- < $5001%
- $501-$70022%
- $701-$1,00033%
- $1,001-$1,50024%
- $1,501-$2,00014%
- > $2,0006%
Detroit, MI Occupied Housing Units
- Renter-occupied Households46%
- Owner-occupied Households53%
123,129 or 46% of the households in Detroit, MI are renter-occupied while 140,559 or 53% are owner-occupied.
Detroit, MI Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Detroit, MI | $1,004 | $1,012 | $1,023 | $1,046 | $1,063 | $1,075 | $1,075 | $1,065 | $1,069 | $1,102 | $1,088 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
Average Rent in Detroit, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Detroit | $1,579 |
| Jeffries | $1,304 |
| Lower Woodward | $1,257 |
| Lower East Central | $1,187 |
| Middle East Central | $1,180 |
| Belle Isle | $1,166 |
| Butzel - Indian Village | $1,166 |
| Kettering | $1,161 |
| Middle Woodward | $1,129 |
| St. Jean | $1,096 |
| East Riverside | $1,095 |
| Foch | $1,095 |
| Chandler Park | $1,090 |
| Jefferson - Mack | $1,090 |
| Rosa Parks | $1,074 |
| Hamtramck | $939 |
| Upper East Central | $939 |
| Harper Woods | $907 |
| Highland Park | $818 |
| Palmer Park | $804 |
| Bagley | $748 |
| Pembroke | $748 |
| Greenfield | $736 |
| McNichols | $731 |
| Harmony Village | $724 |
| Cerveny - Grandmont | $721 |
| Redford | $705 |
| State Fair - Nolan | $704 |
| Evergreen | $701 |
| Cody | $695 |
| Rouge | $695 |
| Brooks | $688 |
| Rosedale | $686 |
| Mackenzie | $683 |
| Brightmoor | $659 |
| Airport | $656 |
| Winterhalter | $654 |
| Springwells | $651 |
| West Riverfront | $651 |
| Durfee | $646 |
| Grant | $599 |
| Mt. Olivet | $599 |
| Pershing | $599 |
| Tireman | $577 |
| Vernor - Junction | $553 |
| Chadsey | $473 |
| Condon | $473 |
The most affordable neighborhoods in Detroit are Chadsey, where the average rent goes for $473/month, Condon, where renters pay $473/mo on average, and Vernor - Junction, where the average rent goes for $553/mo. If you’re looking for other great deals, check out the listings from Tireman ($577), Grant ($599), and Mt. Olivet ($599), where the asking prices are below the average Detroit rent of $1,088/mo.
The most expensive neighborhoods in Detroit are Lower Woodward ($1,257), Jeffries ($1,304) and Downtown Detroit ($1,579).
The most popular neighborhood in Detroit is Lower Woodward, where there are 16 verified RENTCafé listings with an average rent of $1,257. Next up is Downtown Detroit, where apartments go for $1,579/month, followed by Lower East Central with $1,187 If you’re looking to rent in Detroit’s most popular neighborhoods, make sure to also check out St. Jean, where renters pay $1,096 on average, and Middle Woodward, where the average monthly rent is $1,129.
Detroit | Rent Comparison by Neighborhood
Rent in Airport is 12% lower than in Bagley
Airport rent is 40% lower than Detroit average
| Average Rent | $656 |
|---|
Bagley rent is 31% lower than Detroit average
| Average Rent | $748 |
|---|
How Detroit Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,128 | 4% |
| Ann Arbor | $1,590 | 1% |
| East Lansing | $1,306 | 2% |
| Detroit | $1,088 | 2% |
| Lansing | $906 | 3% |
| Southfield | $1,104 | n/a |
| Farmington Hills | $1,191 | 2% |
| Royal Oak | $1,131 | 6% |
| Sterling Heights | $997 | 6% |
| Westland | $904 | 4% |
| Warren | $840 | 1% |
For more information about the Detroit rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!